Wednesday, June 29, 2011

MySpace is expected to cost only $ 20 million

Rupert Murdoch's News Corp is serious: When has still found no buyers for MySpace, the price of the network was up times reduced by more than half. Now there is no buyer, it could mean the end. New York - Rupert Murdoch sold off MySpace, so we have it reported in April. . Murdoch's companies, the media conglomerate News Corp., wanted to sell two months ago, the formerly popular social network for about $ 100 million.
Now it is worse now. According to a media report News Corp is negotiating a range price from 20 to 30 million dollars, it said on "All Things Digital" on Tuesday, citing sources close to the talks. Possibly, it means that the price could go up to maybe 35 million dollars.

MySpace has seen its best days long behind him: After taking over six years ago, piled higher and higher losses in the network. While the MySpace user base is no longer increased, attracted by the younger rival Facebook, and now has some 600 million members. This month were counted on MySpace just another 30 million - the buyer of the network would probably buy them all a big Rolodex, at a cost of about a dollar per user.